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Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your
Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your percentage answers to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) WALTON COMPANY Vertical Analysis of Balance Sheets Year 4 Year 3 Amount Percentage of Total Amount Percentage of Total Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories $ 17,800 % $ 13,700 % 21,300 6,800 55,100 47,500 136,900 144,700 Prepaid items Total current assets Investments Plant (net) 25,700 10,500 256,800 223,200 27,600 21,100 270,600 256,000 Land 30,300 24,900 Total long-term assets 328,500 302,000 Total assets $ 585,300 $ 525,200 Liabilities and stockholders' equity
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